Called SPAA SMSF CPD Compass, it is a purpose-built, online questionnaire designed to gauge the level of knowledge individuals have across all technical areas of SMSF, before recommending specific focus areas for upcoming CPD activities.
SPAA’s head of education Liz Ward says the tool is the first of its kind and gives professionals an easy way to navigate through their CPD journey in a meaningful way.
“We want to see professionals making the most of their CPD requirements by empowering them to pinpoint activities that genuinely improve their knowledge and skills. It’s better for the individual, it’s better for trustees and it’s better for the profession as a whole.”
“SPAA is heavily focused on innovating in the area of CPD because we recognise practitioners have a range of obligations to satisfy - from regulators, licensees to professional associations. The volume of information practitioners must understand is also growing exponentially, making it challenging to navigate through the CPD noise,” Ms Ward said.